Finland / South Africa

Finland-South Africa Trade: In 2023, Finland exported $475M to South Africa. The main products that Finland exported to South Africa were Other Construction Vehicles ($46.5M), Cellulose ($31.7M), and Kaolin Coated Paper ($30.2M). Over the past 5 years the exports of Finland to South Africa have increased at an annualized rate of 2.48%, from $420M in 2018 to $475M in 2023.

In 2020, Finland exported services to South Africa worth $35.4M, with Other business services ($29.7M), Transportation ($2.28M), and Royalties and license fees ($2.28M) being the largest in terms of value.

South Africa-Finland Trade: In 2023, South Africa exported $221M to Finland. The main products that South Africa exported to Finland were Delivery Trucks ($35.5M), Nickel Ore ($34.3M), and Ferroalloys ($33.9M). Over the past 5 years the exports of South Africa to Finland have increased at an annualized rate of 11.3%,  from $129M in 2018 to $221M in 2023.

In 2023, South Africa did not export any services to Finland.

Comparison: In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).